Approval achieved for large uni PPP in Oxford
The University of Oxford and Legal & General have achieved planning permission for The University of Oxford’s largest ever building project, the Life and Mind Building, representing a major milestone for the GBP4 billion (USD5.4 billion) Oxford University Development (OUD) partnership and its first landmark scheme.
Designed by internationally renowned architect practice NBBJ, the building will house the Departments of Experimental Psychology and Biology, including Plant Sciences and Zoology. With a project cost of GBP200 million (USD273.45 million) and a gross internal area of 269,097 sq ft, it will provide research facilities to 800 students and 1,200 researchers.
Situated between Oxford’s listed University Parks, the Science Area and its historic town centre, the new building aims transform the relationships between the psychological and biological sciences by enabling and promoting cross collaboration across these two fields. Taking advantage of its location, it will enhance the gateway to Oxford’s Science Area and create exciting opportunities for public and scientific engagement. Engaging research departments, collaborators, the public and industry, the new Life and Mind Building will be able to target critical Global Impact Themes:
- Living with biodiversity
- Thriving on a healthy planet
- Conflict and cooperation
- Nature-based solutions
The Life and Mind Building, which forms the first landmark project for the OUD partnership is due to open in 2024.
Country news
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December 18, 2020
Financing agreement of GBP 825 million confirmed for rail network PPP project in UK
The Mayor of London, Transport for London (TfL), the Department for Transport (DfT) and HM Treasury have confirmed agreed funding and financing package of GBP 825 million (USD 1.103 billion) for the final phase of the Crossrail project. This means work on the railway can continue at pace.
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November 11, 2020
Financial close achieved for A465 dualling PPP in Wales
Future Valleys consortium, the concessionaire of A465 Heads of the Valleys sections 5 and 6 dualling PPP project in Wales, has achieved financial close.
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October 15, 2020
Concession awarded for Highways framework PPP in North London
A 50-50 joint venture between Tarmac and Kier has been awarded the Lot 2 contract of the Transport for London (TfL) Highways Maintenance and Project Framework to maintain and improve highways and related assets covering a 189km network in north London.
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October 14, 2020
Preferred bidder for Birmingham's huge Life Sciences Park PPP
niversity of Birmingham and NHS Foundation Trusts in the UK has selected a 50:50 joint venture between Bruntwood and Legal & General as the preferred bidder to develop Birmingham Life Sciences Park (BLSP) in Selly Oak.
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September 21, 2020
Digital Infra Network the newest InfraPPP Partner
We are pleased to announce the new strategic partnership collaboration between InfraPPP and Digital Infra Network.
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